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3200+8\left(x-1000\right)=500
Multiply 8 and 400 to get 3200.
3200+8x-8000=500
Use the distributive property to multiply 8 by x-1000.
-4800+8x=500
Subtract 8000 from 3200 to get -4800.
8x=500+4800
Add 4800 to both sides.
8x=5300
Add 500 and 4800 to get 5300.
x=\frac{5300}{8}
Divide both sides by 8.
x=\frac{1325}{2}
Reduce the fraction \frac{5300}{8} to lowest terms by extracting and canceling out 4.